HubSpot (NYSE:HUBS) Price Target Raised to $275.00

HubSpot (NYSE:HUBSFree Report) had its price target upped by Truist Financial from $230.00 to $275.00 in a research note released on Monday, MarketBeat.com reports. The firm currently has a buy rating on the software maker’s stock.

HUBS has been the subject of several other reports. Capital One Financial set a $206.00 price objective on shares of HubSpot and gave the stock an “equal weight” rating in a report on Thursday, August 6th. Cantor Fitzgerald reissued a “neutral” rating and set a $200.00 target price on shares of HubSpot in a report on Friday, September 18th. Citigroup dropped their target price on HubSpot from $217.00 to $210.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. BTIG Research reiterated a “buy” rating and issued a $250.00 price target on shares of HubSpot in a research report on Friday, September 18th. Finally, Barclays decreased their price objective on HubSpot from $270.00 to $240.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Fifteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $270.61.

Read Our Latest Research Report on HubSpot

HubSpot Stock Performance

Shares of HUBS opened at $226.60 on Monday. HubSpot has a fifty-two week low of $169.63 and a fifty-two week high of $525.47. The business has a 50-day moving average of $232.15 and a 200 day moving average of $222.34. The firm has a market cap of $11.30 billion, a P/E ratio of 80.07, a price-to-earnings-growth ratio of 2.28 and a beta of 1.18.

HubSpot (NYSE:HUBSGet Free Report) last released its quarterly earnings data on Wednesday, August 5th. The software maker reported $3.26 EPS for the quarter, beating the consensus estimate of $3.02 by $0.24. The business had revenue of $911.74 million for the quarter, compared to the consensus estimate of $898.31 million. HubSpot had a net margin of 4.26% and a return on equity of 8.66%. The company’s revenue was up 19.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.19 earnings per share. HubSpot has set its FY 2026 guidance at 13.230-13.310 EPS and its Q3 2026 guidance at 3.250-3.270 EPS. As a group, research analysts predict that HubSpot will post 4.56 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other HubSpot news, Director Brian Halligan sold 8,500 shares of the firm’s stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $245.64, for a total value of $2,087,940.00. Following the completion of the transaction, the director directly owned 68,000 shares of the company’s stock, valued at $16,703,520. This trade represents a 11.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald Dischler purchased 925 shares of HubSpot stock in a transaction dated Monday, August 10th. The shares were purchased at an average price of $215.93 per share, with a total value of $199,735.25. Following the completion of the transaction, the director directly owned 1,940 shares in the company, valued at approximately $418,904.20. This represents a 91.13% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have sold 26,202 shares of company stock worth $5,998,079 in the last three months. 3.70% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On HubSpot

Large investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in shares of HubSpot by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 971,712 shares of the software maker’s stock worth $388,917,000 after purchasing an additional 14,159 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in HubSpot by 135.3% in the second quarter. Assenagon Asset Management S.A. now owns 226,818 shares of the software maker’s stock valued at $41,397,000 after purchasing an additional 130,433 shares in the last quarter. Havemeyer Place LP bought a new stake in HubSpot during the fourth quarter valued at approximately $2,044,000. Forsta AP Fonden lifted its position in HubSpot by 28.2% during the fourth quarter. Forsta AP Fonden now owns 24,620 shares of the software maker’s stock valued at $9,880,000 after purchasing an additional 5,420 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. purchased a new position in HubSpot in the 2nd quarter worth approximately $1,366,000. Institutional investors own 90.39% of the company’s stock.

Key Stories Impacting HubSpot

Here are the key news stories impacting HubSpot this week:

About HubSpot

(Get Free Report)

HubSpot, Inc develops cloud-based customer relationship management (CRM) and marketing software for businesses. Its platform is designed to help organizations attract prospects, manage customer interactions, close sales and provide ongoing service through an integrated set of tools.

The company’s products include Marketing Hub, Sales Hub, Service Hub, Content Hub, Operations Hub and Commerce Hub. These offerings support marketing automation, sales engagement, customer support, content management, data integration, payments and other commercial activities.

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Analyst Recommendations for HubSpot (NYSE:HUBS)

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